The Minister of Finance, Dr.
Cassiel Ato Forson, has raised concerns over the dire state of Ghana's cocoa industry, describing it as being "on its knees" due to unsustainable debts. "COCOBOD's outstanding debt stands at 32 billion Cedis.
The cocoa sector is sadly on its knees, with unsustainable debts.
Cocoa production had dropped nearly by 50 per cent over the past three years," he revealed while presenting the 2025 budget to Parliament on Tuesday, March 11.
